These policies are often in the form of employee manuals‚ which all employees have. Employee Retention Effective employee retention is a systematic effort by employers to create and foster an environment that encourages current employees to remain employed by having policies and practices in place that address their diverse needs. A strong retention strategy becomes a powerful recruitment tool. Retention of key employees is critical to the
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EMPLOYEE RETENTION AMONG EXECUTIVES AT BGR ENERGY SYSTEMS LTD‚ CHENNAI DR. R. AKILA* *Professor‚ Department of Management Studies‚ Jeppiaar Engineering College‚ Rajiv Gandhi Salai‚ Chennai‚ Tamilnadu – 600119. ABSTRACT The employee retention program at BGR Energy consists of only basic daily needs of the employee. Employees are found to be dissatisfied with it. This is found to be the threatening factor for higher employee turnover rate. To study the opinion of executives on employee retention attributes
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How to Talented Employees Retention Introduction The world economic is in the stage of globalization. Businesses have to compete in many aspects in which quality is the most important factor (Barney‚ 1991). The quality affect in many departments‚ especially Human Resources (HR). More than ever‚ HR which bring the success or failure of business becomes scarcely. In fact‚ the hiring of skilled employees was difficult‚ but keeping them even harder. They leave after they have been trained or been
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Employee Retention Can Influence the Profitability of Small Sized Service Companies. Essay by : Ayhan Durain This essay aims at justifying the suitability of the provisional purpose statement ‘Employee retention can improve the profitability of the small sized service providers’ for a master dissertation. Therefore it is of a great importance to find out ‘to what extent any investment in employee retention can influence the companies profitability positively’. For that reason this latter will
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Is Grade Retention Beneficial for Students? Is Grade Retention Beneficial for Students? Grade retention‚ also known as “flunking” or being held back‚ is one of the most common ways to raise educational standards. Retention occurs when teachers and administrators and/or parents do not feel the student is ready to be promoted to the next grade due to academic or maturity reasons. The student then has to repeat the previous year until they pass or are prepared for
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provides: “…the ownership of the goods shall remain with the Seller which reserves the right to dispose of the goods until payment in full for all goods supplied has been received by it or until such time as the buyer sells the goods to its customers by way of bona fide sale at full market value.” The buyer pays $2500 but subsequently becomes insolvent and unable further to perform the contract. Of the 500 tons delivered‚ 300 tons is still at Barry’s premises unsold and unused but is now worth
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ABSTRACT Employee Retention is the biggest challenge that Human Resource Management is facing today. The uncertainty of a changing economy‚ increasing competition and diversity in the workplace has compelled the organizations to hold on to their top performers at whatever cost they have to pay. It is a very difficult task for the recruiters to hire professionals with right skills set all over again. Thus the focus has shifted from numbers’ to ‘quality’ and from ‘recruitment’ to ‘retention. So for his companies
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1778 Vol. 4 Indian Journal of Science and Technology No. 12 (Dec 2011) ISSN: 0974- 6846 Employee retention by motivation K. Sandhya1 and D. Pradeep Kumar2 1 2 Department of Humanities and Social Sciences ‚ JNTUH CEH‚ Kukatpally‚ Hyderabad-500085‚ A.P‚ India Department of Management Science‚ Madanapalle Institute of Science and Technology‚ Madanapalle‚ A.P-517325‚ India sandhyadean@yahoo.com Abstract Employee motivation is one of the important factors that can help the
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organization’s reputation and can negatively impact productivity‚ customer satisfaction‚ reputation among job-seekers and‚ significantly‚ in the morale of the departing employee’s co-workers. Besides‚ informal networks are powerful resources for job seekers and friends to follow colleagues to other employers. There are possible future turnover of employees who are lured to other organizations by their friends who have departed. Key employee retention is critical to the long term health and success of business
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skills and concepts necessary to provide this information to those with direct and indirect financial and managerial interest in economic activities. One factor that makes this course unique compared to the other courses is that it has a retention policy. The Retention Policy is designed to maintain the high standard of accounting education in Wesleyan University – Philippines‚ in order to meet the requirements of the profession and to better prepare its graduates to take and pass the Certified Public
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